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28 июля, 00:26

TransCanada launches open season for Keystone pipeline system

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TransCanada Corp. has launched an open season to solicit additional binding commitments for transportation of crude oil on the Keystone pipeline system, including the 36-in. OD Keystone XL pipeline.

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27 июля, 23:59

API: Total US petroleum deliveries reach 10-year peak in June

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Total US petroleum deliveries reached an average of more than 20.3 million b/d in June—their highest level for the month since 2007 and a 2.6% increase from June 2016, the American Petroleum Institute reported. The figure also was the highest monthly amount so far in 2017, coming in 1% higher than in May, API said in its latest Monthly Statistical Report. API uses deliveries to measure demand.

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27 июля, 22:59

QEP to buy Midland basin properties for $732 million

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QEP Energy Co., a wholly owned subsidiary of Denver-based QEP Resources Inc., has agreed to acquire 13,800 net acres in the core of the northern Midland basin from an undisclosed seller for $732 million.

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27 июля, 22:51

Pennsylvania Senate votes to tax natural gas production, consumption

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Pennsylvania’s Senate approved a tax reform bill with provisions to tax both natural gas production and consumption in the state. Oil and gas trade associations there strongly criticized the July 26 action, which passed by a 26-24 vote. The amended bill, which apparently attempts to close a budget deficit, now heads back to the state House, where its prospects are uncertain.

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27 июля, 21:51

Cameroon’s Sonara lets contract for Limbe refinery

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Cameroon’s Societe Nationale de Raffinage SA (Sonara) has let a contract to a consortium of French firms Suez SA, Sogea Satom, and Ingenica to provide technology licensing, engineering, and construction for a project to modernize and expand the effluent treatment plant of its 2.1 million-tonne/year refinery in Limbe.

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27 июля, 20:26

Higher second-quarter earnings to deliver 5% production growth for Statoil

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Statoil ASA reported adjusted earnings of $3 billion and adjusted earnings aftertax of $1.3 billion in this year’s second quarter. International Financial Reporting Standards (IFRS) net operating income, meanwhile, was $3.2 billion and IFRS net income was $1.4 billion for the quarter.

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27 июля, 20:11

Total’s second-quarter income rises 14%

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Total SA recorded a first-quarter adjusted net income of $2.5 billion, up from $2.2 billion in first-quarter 2016.

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27 июля, 20:07

ConocoPhillips trims 2017 spending by $200 million

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ConocoPhillips is reducing its planned capital expenditures for 2017 by $200 million to $4.8 billion.

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27 июля, 19:39

UK, France to ban gasoline, diesel vehicles

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The UK government has joined France in calling for an end to sales of cars and vans fueled by gasoline or diesel by 2040.

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27 июля, 18:54

Shell’s second-quarter earnings spike 245%

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Royal Dutch Shell PLC reported second-quarter earnings on a current cost of supplies basis, excluding identified items, of $3.6 billion, up from $1.05 billion in second-quarter 2016.

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27 июля, 18:26

Beach plans expanded Cooper basin program for 2017-18

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Beach Energy Ltd., Adelaide, has outlined an expanded exploration and production program in its Cooper basin acreage for the 2017-18 financial year in which it expects to spend $220-260 million (Aus.). The company previously had forecast a figure of $155 million (Aus.).

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27 июля, 17:59

MARKET WATCH: Oil prices climb on steeply lower US crude inventories

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The light, sweet crude oil price for October delivery approached $49/bbl on the New York market July 27 while the Brent crude oil price for October settled at $51.10/bbl. Analysts attributed the price hike to steeply lower US oil inventories.